Diebold Nixdorf
Diebold Nixdorf, Incorporated is an American multinational financial and retail
technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as
ATMs and currency processing systems),
point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets. Currently Diebold Nixdorf is headquartered in the
Akron-
Canton area with a presence in around 130 countries, and the company employs approximately 23,000 people. Founded in 1859 in
Cincinnati, Ohio as the Diebold Bahmann Safe Company, the company eventually changed its name to Diebold Safe & Lock Company. In 1921, Diebold Safe & Lock Company sold the world's largest commercial
bank vault to Detroit National Bank. Diebold has since branched into diverse markets, and is currently the largest provider of ATMs in the United States. Diebold Nixdorf was founded when Diebold Inc. acquired Germany's
Wincor Nixdorf in 2016. It is estimated that Wincor Nixdorf controls about 35 percent of the global ATM market.
On June 1, 2023, Diebold Nixdorf filed for
Chapter 11 bankruptcy, saying it reached an agreement to restructure and reduce its debt by $2.1 billion. Its stock was also delisted from the New York Stock Exchange. In August 2023, Diebold Nixdorf emerged from Chapter 11 bankruptcy and rejoined the NYSE.
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